Catalyst Metals Limited's (ASX:CYL) Shares Leap 65% Yet They're Still Not Telling The Full Story
Jul 23
Australian (ASX) Gold Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies161
- 7D-3.1%
- 3M1.0%
- 1Y22.9%
- YTDn/a
Over the last 7 days, the Gold industry has dropped 3.1%, driven by Bellevue Gold declining 21%. In contrast, Spartan Resources has gained 22%. In the past year, the industry has gained 23%. Looking forward, earnings are forecast to grow by 29% annually.
Industry Valuation and Performance
Has the Australian Gold Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | AU$60.5b | AU$16.1b | AU$1.1b | 22.9x | 55.6x | 3.8x |
| Sun, 23 Jun 2024 | AU$57.6b | AU$16.1b | AU$1.1b | 20.3x | 53x | 3.6x |
| Tue, 21 May 2024 | AU$61.8b | AU$17.1b | AU$1.2b | 23.4x | 52.2x | 3.6x |
| Thu, 18 Apr 2024 | AU$58.6b | AU$17.2b | AU$1.2b | 23.2x | 48.6x | 3.4x |
| Sat, 16 Mar 2024 | AU$52.2b | AU$16.8b | AU$1.3b | 19.5x | 40.6x | 3.1x |
| Mon, 12 Feb 2024 | AU$48.8b | AU$15.3b | AU$279.1m | 22.8x | 175x | 3.2x |
| Wed, 10 Jan 2024 | AU$74.0b | AU$22.9b | AU$1.3b | 23.1x | 55x | 3.2x |
| Fri, 08 Dec 2023 | AU$74.5b | AU$22.9b | AU$1.3b | 23.5x | 55.2x | 3.3x |
| Sun, 05 Nov 2023 | AU$69.6b | AU$22.8b | AU$1.3b | 22.1x | 52.1x | 3x |
| Tue, 03 Oct 2023 | AU$66.2b | AU$23.0b | AU$1.4b | 22.1x | 48.9x | 2.9x |
| Thu, 31 Aug 2023 | AU$70.8b | AU$22.7b | AU$1.2b | 19.4x | 59.1x | 3.1x |
| Sat, 29 Jul 2023 | AU$69.9b | AU$22.3b | AU$551.1m | 18.1x | 126.8x | 3.1x |
| Mon, 26 Jun 2023 | AU$67.2b | AU$22.3b | AU$553.8m | 16.7x | 121.4x | 3x |
| Wed, 24 May 2023 | AU$71.1b | AU$22.4b | AU$587.5m | 18.6x | 120.9x | 3.2x |
| Fri, 21 Apr 2023 | AU$75.9b | AU$22.2b | AU$570.6m | 18.6x | 133.1x | 3.4x |
| Sun, 19 Mar 2023 | AU$62.9b | AU$22.4b | AU$628.4m | 14.6x | 100.1x | 2.8x |
| Tue, 14 Feb 2023 | AU$65.8b | AU$20.8b | AU$1.2b | 18.6x | 57.2x | 3.2x |
| Thu, 12 Jan 2023 | AU$67.6b | AU$20.8b | AU$1.2b | 19.8x | 58.2x | 3.2x |
| Sat, 10 Dec 2022 | AU$62.7b | AU$21.0b | AU$1.2b | 16.9x | 52.7x | 3x |
| Mon, 07 Nov 2022 | AU$50.6b | AU$21.3b | AU$1.2b | 14.4x | 40.6x | 2.4x |
| Wed, 05 Oct 2022 | AU$50.9b | AU$21.2b | AU$1.2b | 14.7x | 41.4x | 2.4x |
| Fri, 02 Sep 2022 | AU$49.2b | AU$20.7b | AU$1.4b | 11.3x | 35.5x | 2.4x |
| Sun, 31 Jul 2022 | AU$54.4b | AU$19.2b | AU$2.1b | 8.2x | 25.3x | 2.8x |
| Tue, 28 Jun 2022 | AU$53.5b | AU$19.2b | AU$2.2b | 8.4x | 24.7x | 2.8x |
| Thu, 26 May 2022 | AU$66.7b | AU$19.1b | AU$2.2b | 10.1x | 30.2x | 3.5x |
| Sat, 23 Apr 2022 | AU$75.2b | AU$18.8b | AU$2.2b | 13.3x | 34.9x | 4x |
| Mon, 21 Mar 2022 | AU$72.1b | AU$18.6b | AU$2.2b | 11.3x | 32.8x | 3.9x |
| Wed, 16 Feb 2022 | AU$63.7b | AU$19.2b | AU$3.1b | 10.6x | 20.4x | 3.3x |
| Fri, 14 Jan 2022 | AU$65.3b | AU$18.3b | AU$3.0b | 10.5x | 21.7x | 3.6x |
| Sun, 12 Dec 2021 | AU$62.3b | AU$18.5b | AU$3.1b | 10.1x | 20.4x | 3.4x |
| Tue, 09 Nov 2021 | AU$64.2b | AU$18.2b | AU$3.0b | 10.8x | 21.3x | 3.5x |
| Thu, 07 Oct 2021 | AU$60.6b | AU$18.4b | AU$3.0b | 10.2x | 20.3x | 3.3x |
| Sat, 04 Sep 2021 | AU$62.3b | AU$18.0b | AU$3.1b | 9.7x | 19.9x | 3.5x |
| Mon, 02 Aug 2021 | AU$67.5b | AU$18.0b | AU$3.1b | 11.4x | 21.5x | 3.8x |
Price to Earnings Ratio
21.5x
Current Industry PE
- Investors are pessimistic on the Australian Gold industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 55.6x which is lower than its 3-year average PE of 59.8x.
- The 3-year average PS ratio of 3.2x is lower than the industry's current PS ratio of 3.8x.
Past Earnings Growth
- The earnings for companies in the Gold industry have declined 30% per year over the last three years,
- Revenues have also declined 3.6% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Australian Gold compare with similar industries?
| AU Market | -2.20% | |
| Materials | -4.66% | |
| Metals and Mining | -4.89% | |
| Gold | -3.12% | |
| Precious Metals and Minerals | -0.66% | |
| Aluminum | -3.50% | |
| Diversified Metals and Mining | -4.65% | |
| Silver | -5.51% | |
| Copper | -6.21% | |
| Steel | -6.91% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SPR Spartan Resources | AU$1.28 | 22.5% +AU$260.1m | 412.0% | PS6499x | |
| CYL Catalyst Metals | AU$1.91 | 7.0% +AU$28.1m | 157.4% | PS2.6x | |
| SMI Santana Minerals | AU$1.20 | 3.4% +AU$8.3m | 118.2% | PB6.4x | |
| CAY Canyon Resources | AU$0.079 | 8.2% +AU$8.2m | 16.2% | PB2.1x | |
| SXG Southern Cross Gold | AU$2.20 | 0.5% +AU$6.0m | 430.1% | PB14.7x |
